“Functional Food Ingredient Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Functional Food Ingredient Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
Top-Listed Players in Functional Food Ingredient Market Research Report 2019-2023:
Archer Daniels Midland Company, Arla Foods, BASF SE, Cargill Incorporated, DSM NV, General Mills Inc., Herbalife, Ingredion Incorporated, Kerry Group PLC, Nestlé, Standard Functional Foods Group Inc., Tate & Lyle PLC
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Functional Food Ingredient market reports provide a comprehensive overview of the worldwide market size and share. Functional Food Ingredient market data reports also provide a 5-year historical, forecast for the sector, and include data on social-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to the success of the organization.
Overview of Functional Food Ingredient Market Report:
The global functional food ingredient market was valued at USD 2.54 billion in 2017 and is projected to reach USD 3.18 billion by 2023, at a CAGR of 6.2%, during the forecast period from 2019 to 2023. Major producers have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others.
The rising incidence of chronic diseases is driving the consumers to shift toward healthier food options. Increasing consumer interest, and a better understanding of the immunity enhancing property of proper diet and food habits, are some of the key factors driving the growth of the global functional food ingredients market. Strict legislation imposed by governments across the globe prevents the expansion of the functional food ingredient market. In many countries, strict regulations are imposed on advertisements and labeling of products. Functional food ingredients are not easily available in supermarkets and grocery stores, and often tend to be expensive. Many consumers are unaware of how these products can be incorporated into their daily dietary intake. These factors, collectively, are obstructing the growth of the market.
However, functional food ingredient product sales have been and are expected to continue rising at a brisk rate. The high-rate of innovation in this field can lead to changes in the purpose of the product and re-position the product or, eventually, shift them from one target segment to another.
The global functional food ingredient market is segmented by type into – proteins & amino acids, vitamins, minerals, prebiotics, probiotics, hydrocolloids, essential oil, omega-3 & 6 fatty acids, and flavonoids & carotenoids. The market is segmented into confectionery, fortified dairy products, bakery and cereals, meat, fish & eggs, and others – based on application.
North America holds the maximum market share followed by Europe. Asia-Pacific region is growing with a higher rate, Countries, like China and India are driving the growth rate of functional food ingredient market in the region due to the intense economic growth, along with increase in number of working population.
• June 2017 – Amway opened a new distribution Centre in major Thai market. Amway is a major seller of dietary supplements.
• October 2016 – ADM launched new line of fruit and vegetable functional extracts that can deliver a concentrated dose of the powerful antioxidant compounds beta-carotene and anthocyanins in a variety of food, beverage and supplement applications.
Major players – ARCHER DANIELS MIDLAND COMPANY, ARLA FOODS, BASF SE, CARGILL INCORPORATED, DSM NV, GENERAL MILLS INC., HERBALIFE, INGREDION INCORPORATED, KERRY GROUP PLC, NESTLÉ, STANDARD FUNCTIONAL FOODS GROUP INC., TATE & LYLE PLC, among others.
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Reasons to Purchase this Report
Valuable Points from Functional Food Ingredient Market Research Report 2019-2023:
- A complete background analysis, which includes a valuation of the parental Functional Food Ingredient Market.
- Significant changes in Market dynamics.
- Functional Food Ingredient Market segmentation according to Top Regions.
- Current, Historical, and projected size of the Functional Food Ingredient Market from the viewpoint of both value and volume.
- Reporting and assessment of recent industry developments.
- Functional Food Ingredient Market shares and strategies of key Manufacturers.
- Emerging Specific segments and regional for Functional Food Ingredient Market.
- An objective valuation of the trajectory of the Market.
- Recommendations to Top Companies for reinforcement their foothold in the Market.
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Highlights of the following key factors:
- Business description –A detailed description of the company’s operations and business divisions.
- Corporate strategy –Analyst’s summarization of the company’s business strategy.
- SWOT Analysis –A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
- Company history –Progression of key events associated with the company.
- Major products and services –A list of major products, services, and brands of the company.
- Key competitors –A list of key competitors to the company.
- Important locations and subsidiaries –A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years –The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
Top Most Regions Covered In Functional Food Ingredient Market Research Report 2019-2023:
– United States – Canada – Mexico – United Kingdom – Germany – France – Italy – Spain – China – Japan – India – Australia – South Korea – GCC – South Africa – Brazil – Argentina
Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.